STOs Look to Become ICO 2.0

Initial coin offerings are in the crosshairs of legislation globally. Most of the time, the legislation has negative consequences for ICOs. As a result, some projects are moving into the STO space.

Security Token Offerings(STOs) could be the future due to the targeting of ICOs by regulators. This is because most regulators are still not buying token generation events. Besides that, they do not agree with (SAFTs) simple agreements for future tokens.

The chairman of CoinShares that believes STOs are the future. He made the comments at a panel organized byMarketWatchand Financial News. The chairman said that the Bitcoin had brought it a new age for value transfer. The Ethereum network brought the second wave. According to him, the third wave will be by the STOs.